About:where's mega-cash-gonna-come-from:this idea actually=rather-ingenious,if Conway can pull it off, clearly it's in discussions:
Liberated Energy, Inc., Stock Symbol: LIBE
May 13 at 10:32pm ·
So there’s another public company in the medical supply business...they should be current in the next couple of days. The deal is they’re supposed to be funded 200 mil and join up with a NASDAQ stock for a new business of buying medical receivables.
How this affects us is they love Sterlings products and they wanted to purchase the company. Instead, I’ve convinced Sterling to go with us, offer the other company an exclusive JV where they will allow them to supply hospitals, rehabs, retirement homes the products, in exchange for cash and stock in their company. For 1-2 years we will grow the brand and offer them first right to buy Sterling from us when we reach specific goals.
We benefit from the capital needed to grow, the stock as additional assets, and an exit strategy for Bob (something else only Conway may be able to offer, a vital quality of life thing, implies Sterling wants to retire but they're cooking up a way to get a nice chunk of money in a shorter time first via this other company) all while joining forces with their lenders and a NASDAQ partner right after becoming debt free. That’s what and why we’ve grabbed onto Sterling and a peak (sic) inside where my head’s been the past week.
I've also reposted a host of other real estate and other deals in the works and of course... the Lite.
